spotrac Full Details

Lauri Markkanen

Utah Jazz, Power Forward

2025-2028 Veteran Extension (UPCOMING EXTENSION)

Year Age Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2025-26 28 $46,394,100 30.00% $46,394,100 $46,394,100 24.69% $46,394,100 $46,394,100 $137,996,862
2026-27 29 $46,113,154 27.11% $46,113,154 $46,113,154 22.31% $46,113,154 $46,113,154 $184,110,016
2027-28 30 $49,824,681 26.63% $49,824,681 $49,824,681 21.91% $49,824,681 $49,824,681 $233,934,697
2028-29 31 $53,536,209 26.01% $53,536,209 $53,536,209 21.41% $53,536,209 $53,536,209 $287,470,906
2029-30 32
UFA
Year Age Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap Luxury Tax
2025-26 28 $46,394,100 - - $46,394,100 30.00% $46,394,100
2026-27 29 $46,113,154 - - $46,113,154 27.11% $46,113,154
2027-28 30 $49,824,681 - - $49,824,681 26.63% $49,824,681
2028-29 31 $53,536,209 - - $53,536,209 26.01% $53,536,209
2029-30 32
UFA
Year Age Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2025-26 28 $46,394,100 $46,394,100 $137,996,862 $46,394,100 $48,967,036
2026-27 29 $46,113,154 $46,113,154 $184,110,016 $46,253,627 $49,824,681
2027-28 30 $49,824,681 $49,824,681 $233,934,697 $47,443,978 $51,680,445
2028-29 31 $53,536,209 $53,536,209 $287,470,906 $48,967,036 $53,536,209
Trade Restriction: This player cannot be traded until Feb 07, 2025.
Source: Spotrac

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2017 20
Active
$3,821,640
$3,821,640
2018 21
Active
$4,536,120
$8,357,760
2019 22
Active
$4,969,125
$13,326,885
2020 23
Active
$6,731,508
$20,058,393
2021 24
Active
$15,690,909
$35,749,302
2022 25
Active
$16,475,454
$52,224,756
 MIP
2023 26
Active
$17,259,999
$69,484,755
Total      
$69,484,755
$69,484,755
2024 27
Active
$42,176,400
2025 28
Active
$46,394,100
2026 29
Active
$46,113,154
2027 30
Active
$49,824,681
2028 31
Active
$53,536,209
Total
$307,529,299
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2017
20
$3,821,640
$3,821,640
$3,821,640
2018
21
$4,536,120
$4,536,120
$8,357,760
2019
22
$4,969,125
$4,969,125
$13,326,885
2020
23
$6,731,508
$6,731,508
$20,058,393
2021
24
$15,690,909
$15,690,909
$35,749,302
2022
25
$16,475,454
$16,475,454
$52,224,756
2023
26
$17,259,999
$17,259,999
$69,484,755
Total
$69,484,755
$69,484,755
$69,484,755
2024
27
$42,176,400
$42,176,400
2025
28
$46,394,100
$46,394,100
2026
29
$46,113,154
$46,113,154
2027
30
$49,824,681
$49,824,681
2028
31
$53,536,209
$53,536,209
Total
$307,529,299
$307,529,299

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $20,058,393 - - $20,058,393
1 $15,690,909 - - $15,690,909
2 $33,735,453 - - $33,735,453
Cap Hit

$42,176,400 / 22nd

Cash Total

$42,176,400 / 21st

Contract Value

$67,470,906 / 90th

Contract Average

$16,867,727 / 104th

AAV% of Cap

15.01% / 89th

Signing Bonus

$0 / 64th

2-Year Cash

$32,166,363 / 102nd

3-Year Cash

$49,426,362 / 95th

Total Guaranteed

$67,470,906 / 84th

Guaranteed at Signing

$55,426,362 / 100th

  • Aug 07, 2024 Signed a 4 year $195.8 million contract extension with Utah (UTA) as part of a renegotiation-and-extend. 2024-25 salary was increased by $24,1318,56
  • Jun 28, 2024 Utah (UTH) fully guaranteed $18 million salary for 2024-25
  • Sep 03, 2022 Traded to Utah (UTA) from Cleveland (CLE) with Collin Sexton , Ochai Agbaji , 2025 1st round pick [unprotected] , 2027 1st round pick [unprotected] , 2029 1st round pick [unprotected] , 2026 1st round pick [UTH right to swap] and 2028 1st round pick [UTH right to swap] for Donovan Mitchell
  • Aug 28, 2021 Traded to Cleveland (CLE) from Chicago (CHI) as part of a 3-team trade: Cleveland (CLE) traded Larry Nance Jr. to Portland (POR); Portland (POR) traded Derrick Jones Jr., 2022 1st round pick and 2023 2nd round pick to Chicago (CHI)
  • Aug 28, 2021 Signed a 4 year $67.47 million contract with Chicago (CHI) as part or a Sign-and-Trade with Cleveland (CLE)
  • Jul 30, 2021 Chicago (CHI) extended $9.03 million Qualifying Offer; becomes Restricted Free Agent
  • Oct 21, 2019 Chicago (CHI) exercised $6.73 million option for 2020-21
  • Oct 30, 2018 Chicago (CHI) exercised $5.3 million option for 2019-20
  • Jul 05, 2017 Signed a 4 year $20.39 million rookie scale contract with Chicago (CHI)
  • Jun 22, 2017 Traded to Chicago (CHI) from Minnesota (MIN) with Zach LaVine and Kris Dunn for Jimmy Butler and Justin Patton
  • Jun 22, 2017 Drafted by Minnesota (MIN): Round 1 (#7 overall)